Browsing Tag

Port congestion

111 posts

US containerized imports from Asia hit 1.6M TEUs in Sep

September containerized imports from Asia into US reached 1.6 million TEUs, up…
  • October 19, 2021
  • 3 minute read

About half a million containers waiting off LA, Long Beach ports

More than 70 container ships with about 500,000 containers on board are…
  • October 8, 2021
  • 3 minute read

Maersk warns of Q4 service schedule headwinds amid strong Asian export demand

Maersk expects strong demand for exports from Asia to continue for the…
  • September 28, 2021
  • 4 minute read

Surging demand, growing vessel sizes put major ports under severe strain

Container call sizes are up between 10% and 70% versus the first…
  • September 15, 2021
  • 3 minute read

Davao’s Reefer Express Line to launch GenSan-US service

Davao-based Reefer Express Line Filipinas plans to start a monthly reefer service…
  • August 31, 2021
  • 3 minute read

Container port congestion to last until end-2021—Fitch

Some port operators are suffering lower margins due to higher processing costs…
  • July 12, 2021
  • 3 minute read

Hapag-Lloyd orders 60,000 more standard containers amid shortage

Containers scheduled for delivery beginning in July Investment is in response to…
  • May 27, 2021
  • 2 minute read

Hapag-Lloyd orders 150,000 TEUs of containers to ease shortage

The 150,000 TEUs are made up of new dry and reefer boxes…
  • April 15, 2021
  • 2 minute read

Freight rate inflation to stay for rest of 2021 amid sustained challenges—report

Port congestion and container equipment shortages will remain throughout most of 2021,…
  • April 14, 2021
  • 3 minute read

Fitch Ratings: box shipping rates remain high but susceptible to risks

Spot freight rates to remain high in the short term, which will…
  • February 25, 2021
  • 2 minute read